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More often than not, the pension they offer is better than the legal minimum Nest type one.
Makes them attractive to young and naive people or immigrants, people who don’t know their rights.
They’re probably advertising it because their pension is better than the legal minimum.
My company advertises a pension plan but they pay 0.85% (HVAC) and 0.75% (Water Compliance)m ore than legal minimum per payslip (weekly pay). Which doesn’t sound like a lot but after being here 10yrs its looking healthy.
A place I used to work listed ‘employment status’ as one of the benefits, at least pensions are a benefit!
They probably list the legal minimum holiday allowance under benefits too.
The pension is normally the min 3% or so when they say that to
Why do they say ‘paid holiday’ 🤷♂️
Same reason they advertise holidays – They don’t have any actual benefits so list their legal requirements as benefits.
Many also list the cash value of whatever minimum wage is, rather than say minimum wage (or that put it up by 5p and call it a “Competitive Salary”)
many entry jobs will list every legal requirement as though it were a gift from them personally, just to fill out the section on “What you get” so that it looks less like you’re selling your soul for minim wage.
like
* £9.50 an hour (may vary based on age and experience)
* 28 days Holiday!
* Pension!
* Training given
I remember seeing an ad for a UK job by a US company and one of their listed benefits was paid time off. So telling as at lest UK companies will say something like ‘25 days holiday’
As others as said, they might offer a better one, and put more contributions into it.
Also they advertise things like breaks and holidays. Which are legally mandated too.. So yeah